The US dollar is facing unprecedented turmoil following Trump's controversial tariff announcement, leading to a dramatic sell-off in equities, bonds, and currency. Investors are questioning the dollar's status as the world's reserve currency, with fears of a looming recession growing.
The US bond market faces unprecedented turmoil as Trump's tariff war with China escalates, sending yields to their highest levels in months. Investors panic as the stability of US Treasuries is questioned.
